October 16, 2013 | 09:20 AM
Harrison County officials had a delinquent property tax sale Oct. 9 conducted by Auditor Karen Engleman and Treasurer Carol Hauswald.
A property tax sale is required to take place in each Indiana county for those properties where an owner of real estate fails to pay the property taxes from the prior year's first property tax bill installment. A tax lien on the property may be sold to satisfy the tax obligation to the highest bidder. The owners of the properties sold at the tax sale have one year to pay the delinquent property taxes, costs and penalties to keep the property.
The sale, conducted by Indianapolis-based SRI Inc. on behalf of Harrison County, offered 42 parcels to 19 bidders. SRI conducts tax sales in 83 counties in Indiana, Michigan and Colorado.
This year's tax sale resulted in the collection of $182,411.09 from owners and buyers. All taxes, penalties and costs were paid in full on 124 parcels.
"Tax sales are a necessary function of county government," Hauswald said. "It is only fair to the people who pay their property taxes every year to pursue those that do not pay."
For the 15 properties that did not sell, the Harrison County Board of Commissioners acquire a tax lien. The commissioners may offer those properties to the public at a sale at a later date.
"It is our ultimate goal to return these properties to the tax rolls as quickly and efficiently as possible," Hauswald said. "Property owned by people that pay their property taxes ensure our local government services are fully funded."
For more information about property tax sales, visit online at www.sri-taxsale.com.